Blockchain based food supply chain

In Bangladesh,farmers didn't get their fair share of the profit of food or agricultural goods they produce.They have to sell their products through third party agents in a low or no profit and sometimes in loss.But on other hand the third party agent sells their goods in the market in very high price and get a very high margin profit.

To solute this problem we will use a Blockchain based system to record the cost in every step from production to sell in the market. In this system there will be no way of deception with the farmer.We can track every agricultural product that farmers can get their fare share of the profit.Also a customer can know the origin of the product. Through this solution farmers will get good profit and the customers will get a good product on which they can keep their trust.

All the Farmers of our country will be affected by our solution. In our country, all farmers are forced to sell their crops at a very low price to the millers or the Third party. Recently, some farmers protest this by throwing their crops in the street and some farmers also committed suicide for this reason. When our solution will materialize there will be no farmers, victim of this kind of things any more. 

Around 63% of people in Bangladesh are directly or indirectly connected with agricultural sectors. A huge amount of those people are farmers or do farming. Our solution will affect all of these people by changing their standard of life.

In our solution we are trying to provide a technology based system which can track every single cost of the products that farmers produce, directly connecting farmers to the customers and the farmers will not be cheated.

We are not directly working with the farmers but we can know the problems of the farmers from our Print Media, TV news, Journals and other trusted sources. Now a days this problem is well known all over the country so we have to find out a viable solution for this problem. As we know that our farmers and their family depends on the profit they gain from the agricultural product the farmers produce. But they get a small or sometimes no profit from their products through Miller or the third party. By providing this Blockchain based solution we can track every products that started farming in the field and can also track every single expenditure farmers spend for producing his goods. So we can know how much cost associated with every products, then we can give the farmers a good percentage of the profit we make from selling the product to the market or customers. In this way the third party or the Miller can’t cheat the farmers by giving them a low or no profit. Nobody can break the block chain system at least for a few decades. As this way the farmers get their fair share of the profit and can afford a good and quality life.

We are giving the farmers a complete solution for selling their products in a good and reasonable price directly to the customers or in the market. They can use a digital market place for selling their products. The Millers or the third party will not capable to cheat the farmers. Farmers can store their products to the Cold storage through our service which will transparent. Government can know about the price of the products and also can take necessary steps to protect the farmers interest and also can access into our open records.

We are using Blockchain based technology to provide this solution. When a farmer produce a crop or any type of agricultural product h/she can sell his products through our service ,then we will keep record of his products in the blockchain ,then we will keep his product in our own or third party cold storage in contract and we will transport the products in different location and finally sell the product to the market in proper price. All the expenditure on these steps of storing ,transporting the product will also be recorded in the blockchain . Finally when we sell the product to the customer we will calculate a good percentage for the farmer and pay him his profit of the final selling price.

We are 3 people working on this solution. We are all students and working as part time for this solution.